CAE Inc.
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CAE Inc.

March 15, 2010 08:00 ET

CAE awarded C$38 million contract by Lion Air for three full-flight simulators and two integrated procedures trainers

MONTREAL, QUEBEC--(Marketwire - March 15, 2010) - (NYSE:CAE)(TSX:CAE) – CAE today announced that it has sold three CAE 7000 Series full-flight simulators (FFS) to Lion Air, Indonesia's leading domestic airline. One FFS is for the ATR72-500 aircraft and the other two for the Boeing 737-900ER model. CAE will also deliver two CAE Simfinity™ integrated procedures trainers. The contract, valued at approximately C$38 million at list prices, brings the total FFS sales that CAE has announced to date during fiscal year 2010 to 19.

Two of the simulators, plus two CAE Simfinity™ integrated procedures trainers (IPTs) for the Boeing 737NG, will be delivered to the Lion Air Training Centre at Soekarno-Hatta International Airport, Jakarta, Indonesia in 2011. The third simulator will be delivered at a later date. Lion Air currently operates a CAE-produced Boeing 737NG-900ER FFS and one CAE Simfinity™ Boeing 737 IPT which entered service two years ago.

"We are delighted that Lion Air has again placed their confidence in CAE's advanced technology flight simulation solutions," said Jeff Roberts, CAE's Group President, Civil Simulation Products, Training and Services. "Lion Air has been one of the fast-growing carriers in the region, and we look forward to meeting their pilot training needs as they further expand their fleet."

The simulators will incorporate full six-degree-of-freedom CAE True electric motion systems and new-generation CAE Tropos-6000 visual systems, including liquid crystal on silicon (LCoS) projectors and 200- by 40-degree field-of-view visual displays. The simulators are expected to be certified to Level D, the highest qualification for flight simulators, by Indonesia's Directorate-General of Civil Aviation (DCGA).

"The quality of training our pilots receive in CAE simulators enhances both the safety of our passengers and efficiency of our operations," said Rusdi Kirana, President Director and co-founder of Lion Air. "Delivery of the 737-900ER full-flight simulators will support our Lion Air regional growth, and the ATR72-500 device will be used for our Wings Air domestic route subsidiary and third-party customer training."

Based in Jakarta, PT Lion Mentari operates as Lion Air and is Indonesia's largest private carrier, offering scheduled passenger service on an extensive domestic network from Jakarta to 42 destinations with 300 daily flights. Lion Air also flies to Malaysia, Singapore, Vietnam, and Saudi Arabia. Lion Air is the launch customer and largest operator of the Boeing 737-900ER.

CAE is a world leader in providing simulation and modelling technologies and integrated training solutions for the civil aviation industry and defence forces around the globe. With annual revenues exceeding C$1.6 billion, CAE employs more than 6,500 people at more than 90 sites and training locations in 20 countries. We have the largest installed base of civil and military full-flight simulators and training devices. Through our global network of 29 civil aviation and military training centres, we train more than 75,000 crewmembers yearly. We also offer modelling and simulation software to various market segments and, through CAE's professional services division, we assist customers with a wide range of simulation-based needs. www.cae.com

Contact Information

  • CAE contacts:
    Nathalie Bourque, Vice President,
    Public Affairs and Global Communications
    514-734-5788
    nathalie.bourque@cae.com
    Trade media:
    Chris Stellwag, Director,
    Marketing Communications, Military and Civil
    813-887-1242
    chris.stellwag@caemilusa.com
    Investor relations:
    Andrew Arnovitz, Vice President,
    Investor Relations and Strategy
    514-734-5760
    andrew.arnovitz@cae.com